Strategic Succession Planning via Interim CFO
A critical aspect of strategic planning for privately-owned businesses is succession planning. Cendrowski Corporate Advisors professionals foster client relationships, from how and when to transfer ownership, to determining the most efficient tax structure for the transaction, making the proper decisions is the best way to ensure the financial interests of the business owners are protected.
A few questions to consider: What will happen to the organization if the leaders or owners retire or die while in charge of the company? Is there a goal of keeping the company in the family? If so, when should the transition happen, and is everyone on board with the decision making? Is there a tax-efficient wealth transfer plan in place? Is there an interest in selling to the employees?
Our team assists corporate leaders in taking a proactive approach to strategic succession planning by cultivating solutions tailored to their needs. These conversations help bring clarity to the operation and allow for the thoughtful development of a succession plan.
ESOP Succession Planning
Our experienced interim CFOs work with business owners to help establish a succession plan that’s beneficial to them and their employees. In some cases, selling to an employee stock ownership plan (ESOP) may be the right solution. An ESOP protects the employment of valued workers while also allowing the business owner to maintain control.
Learn more about the benefits of Qualified Small Business Stock Planning/ESOPs as a tax planning strategy.
Client Success: Successful Transition Planning
Cendrowski Corporate Advisors created a tax-efficient transition plan for a multi-generational family company. Our team addressed both ownership and operations, transferring both to the next generation. Our knowledge and experience with Real Estate Investment Trusts or REITs played a significant role in the success of the transition.
Understanding Economic Damages Calculation: Lost Profits vs. Lost Business Value
When a plaintiff seeks compensation from a defendant for economic damages resulting from a breach of contract or other wrongful actions, damage experts need to consider the facts of the case to determine the most appropriate measure of damages. The two most sought damages in these cases are lost profits and lost business value. We […]
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John Alfonsi Panelist at the 2023 Mid-Market Deal Makers Symposium
Join us in congratulating John Alfonsi on being selected as a Panelist at the 2023 Mid-Market Deal Makers Symposium on January 10th – 13th. This year’s exclusive symposium for Deal Makers members will be held at the luxurious SLS South Beach in Miami, Florida. Deal Makers members are coming together for networking, education, and fun. […]
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GGI World Conference Recap
Attending GGI World Conference is just one way we expand our knowledge. We also broaden our access to an extensive network of expertise and contacts through GGI Global Alliance. That opens a world of resources to benefit you. Harry Cendrowski attended Montreal’s GGI World Conference as global chair of the GGI Trust & Estate Planning […]
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